January 11, 2021

Metals got a slight bump today as gold once again dipped below its 200-day moving average triggering a new round of buying from investors.  Silver benefited too as it regained the $25 level after last weeks selloff.  The US dollar rose about 0.50% today and equities declined across the board.  The Nasdaq, which had been outperforming the other indices in recent months, got hit hardest, falling 165 points on an intense tech selloff.